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  • Question: 3 Using The Data in RDCHEM - RAW, The Following Equation Wa

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    The document describes a regression equation obtained from analyzing data in the RDCHEM.RAW file: rdintens = 2.613 + 0.00030sales - 0.0000000070sales^2 With an R^2 value of 0.1484, n=32 observations. It asks three questions: a) At what point does the marginal effect of sales on rdintens become negative? b) Whether to keep the quadratic term in the model and why. c) To define a new variable "salesbil" as sales measured in billions of dollars.

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    The document describes a regression equation obtained from analyzing data in the RDCHEM.RAW file: rdintens = 2.613 + 0.00030sales - 0.0000000070sales^2 With an R^2 value of 0.1484, n=32 observations. It asks three questions: a) At what point does the marginal effect of sales on rdintens become negative? b) Whether to keep the quadratic term in the model and why. c) To define a new variable "salesbil" as sales measured in billions of dollars.

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    40 views3 pages

    Question: 3 Using The Data in RDCHEM - RAW, The Following Equation Wa

    Uploaded by

    Bo Nguyen
    The document describes a regression equation obtained from analyzing data in the RDCHEM.RAW file: rdintens = 2.613 + 0.00030sales - 0.0000000070sales^2 With an R^2 value of 0.1484, n=32 observations. It asks three questions: a) At what point does the marginal effect of sales on rdintens become negative? b) Whether to keep the quadratic term in the model and why. c) To define a new variable "salesbil" as sales measured in billions of dollars.

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    © All Rights Reserved
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    Q: Using the data in RDCHEM.RAW, the following equation was obtained by OLS: rd int ens = 2.61 3 + 00030sales -
    0000000070 sales^2 (.429) (.00014) (.0000000037) n = 32, R^2 = 0.1484 a. At what point does the marginal effect of
    sales on rdintens become negative? b. Would you keep the quadratic term in the model? Explain. c. De ne salesbil as
    sales measured in billions of dollars...

    https://www.chegg.com/homework-help/questions-and-answers/3-using-data-rdchemraw-following-equation-obtained-ols-rdintens-2613-00030-sales-0… 3/5

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